Jaggaer Tejari appoints Hossam Refaat as Managing Director for Middle East … reports Asian Lite News.
JAGGAER Tejari, the world’s largest independent spend management company, today announced the appointment of Hossam Refaat as its new Managing Director for the Middle East. Refaat’s role will see him grow the business and drive greater customer focus.
The appointment comes after JAGGAER Tejari has undergone a year of transformation following the acquisition of BravoSolution by JAGGAER. As a result, the company now serves nearly 1,900 customers globally and has recently achieved a record first quarter.
With more than 25 years’ experience in creating and developing cross-functional teams focused on delivering results for sales, marketing and operations, Refaat will lead the company’s Middle East operations as it continues to optimize the region’s businesses and supply chains, while delivering cost savings for its customers.
Abdullah Ali Al Junahi, Chairman of Tejari commented: “Hossam joins us at a really exciting time as we expand and strengthen our Source-to-Pay product offering. He has a critical role to play in driving the business forward in the Middle East in line with the company’s ambitious regional growth plans. Hossam will support our customers in unlocking the true value of their procurement technology investments so that they can formulate strategic decisions that significantly impact their organizations.”
Refaat added: “The Middle East is a high growth region for JAGGAER Tejari and I’m looking forward to working closely with the team to take the business to new heights. JAGGAER Tejari’s commitment to supporting the region’s business, and boost the local economy through innovative and cutting edge technology is clear and I’m delighted to be joining such a dynamic and dedicated team. As a priority, we want to ensure that all of JAGGAER’s customers reap the benefits of their investments by streamlining their procurement processes and increase business efficiency.”
Refaat joins JAGGAER Tejari from multinational technology organization, Oracle where he spent 13 years. Prior to this, Refaat held roles at PwC, GlaxoWellcome and Giesecke & Devrient Mobile Security.
The company’s JAGGAER Advantage platform was recently named highest for its ability to execute in Gartner’s 2018 “Magic Quadrant for Strategic Sourcing Application Suites.”* Earlier this year JAGGAER was also named as a Leader in Gartner, Inc’s 2018 “Magic Quadrant for Procure-to-Pay Suites.